Cleveland-Cliffs Inc (NYSE: CLF) is -18.40% lower on its value in year-to-date trading and has touched a low of $5.63 and a high of $16.47 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The CLF stock was last observed hovering at around $7.31 in the last trading session, with the day’s gains setting it 0.36%.
Currently trading at $7.67, the stock is 8.49% and 3.13% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 53.0 million and changing 4.92% at the moment leaves the stock -25.09% off its SMA200. CLF registered -48.38% loss for a year compared to 6-month loss of -30.02%.
The stock witnessed a 0.79% gain in the last 1 month and extending the period to 3 months gives it a -20.76%, and is -4.36% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.15% over the week and 6.51% over the month.
Cleveland-Cliffs Inc (CLF) has around 30000 employees, a market worth around $3.79B and $18.61B in sales. Profit margin for the company is -6.35%. Distance from 52-week low is 36.23% and -53.43% from its 52-week high. The company has generated returns on investments over the last 12 months (-8.53%).
The EPS is expected to shrink by -176.76% this year.
Cleveland-Cliffs Inc (CLF) Top Institutional Holders
The shares outstanding are 494.49M, and float is at 485.48M with Short Float at 17.83%.
The top institutional shareholder in the company is BLACKROCK INC. with over 51.42 million shares valued at $791.31 million. The investor’s holdings represent 10.8704% of the CLF Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 46.89 million shares valued at $721.69 million to account for 9.914 of the shares outstanding. The other top investors are STATE STREET CORP which holds 23.04 million shares representing 4.8719% and valued at over $354.65 million, while PACER ADVISORS, INC. holds 4.7611 of the shares totaling 22.52 million with a market value of $346.59 million.
Cleveland-Cliffs Inc (CLF) Insider Activity
The most recent transaction is an insider sale by Graham James D, the company’s EVP Chief Legal Admin & Sec. SEC filings show that Graham James D sold 120,000 shares of the company’s common stock on May 23 ’25 at a price of $6.85 per share for a total of $0.82 million. Following the sale, the insider now owns 0.49 million shares.
Still, SEC filings show that on Mar 10 ’25, BALDWIN JOHN T (Director) acquired 4,000 shares at an average price of $8.70 for $34800.0. The insider now directly holds 133,227 shares of Cleveland-Cliffs Inc (CLF).
